Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Sudan - 2022

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Sudan (CIF) - 2022
  2. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Sudan

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Sudan (CIF) - 2022

The average import price for articles of precious metal or of metal clad with precious metal stood at $10,714 per ton in 2022, which is down by -32.6% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 354%. Over the period under review, average import prices hit record highs at $84,596 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($12,273 per ton), while the price for France ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+252.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Sudan

In 2022, purchases abroad of articles of precious metal or of metal clad with precious metal decreased by -22.2% to 14 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports reached the peak of 274 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of articles of precious metal or of metal clad with precious metal shrank markedly to $150 in 2022. Overall, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 425% against the previous year. As a result, imports attained the peak of $15K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.113.90.10.1-63.8%
France0.10.30.1N/A0.0%
India0.10.50.1N/A0.0%
EgyptN/A0.2N/AN/A0%
South Africa0.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.814.90.30.1-67.1%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Sudan in 2022:

  1. United Arab Emirates (11.0 kg)
  2. Egypt (1.0 kg)
  3. India (1.0 kg)
  4. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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